Loading ...Don’t know what that means but everything feels a little heavy here to me. Sort of running out of upside momentum.
SLV has a gap down in the $73-$74 area that could get filled, which could bring us back to $82-$83. I don’t know if it will, but that’s my T/A for the day.
Maddog – yeah, bonkers is a better explanation. They continue to stink up the joint for the most part. We have earnings coming out in a couple of weeks I think, and we also have a Fed meeting around the same time. Hopefully that will be a catalyst for these things to really get going. Seems like the metals would have to fall quite a bit for the shares to be fairly valued at this point. 800 HUI is a nice fat round number that they’ll probably defend.